ADMIRAAL HR
ActiveADMIRAAL HR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €24k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+14
Solvency58▼-42
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 5.66 in 2023; short-term debt: 67.4% and cash: 81% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
18.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
43 d early
2022
41 d early
2021
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€42k▼ 52.5%
2023 · €89k
2021: €45k
2022: €82k
2023: €89k
2021 → 2024
Total assets
€130k▲ 20.5%
2023 · €108k
2021: €65k
2022: €102k
2023: €108k
2021 → 2024
Net result
€24k▲ 215%
2023 · €8k
2021: €37k
2022: €38k
2023: €8k
2021 → 2024
Working capital
€40k▼ 53.9%
2023 · €87k
2021: €43k
2022: €81k
2023: €87k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€45k-€82k▲ 83.3%€89k▲ 8.4%€42k▼ 52.5%
Operating result€50k-€52k▲ 3.7%€11k▼ 77.8%€35k▲ 200%
Net result€37k-€38k▲ 2.2%€8k▼ 79.8%€24k▲ 215%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 200% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€2k▼ 0.1%
Current assets
€128k▲ 21.0%
Equity and liabilities €130k
Equity
€42k▼ 52.5%
Debt
€88k▲ 370%
The debt ratio rises from 17.3% to 67.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36k▲
2023 · €13k
Cash flow
€26k▲
2023 · €9k
Solvency
32.6%▼
2023 · 82.7%
Current ratio
1.46▼
2023 · 5.66
Quick ratio
1.46▼
2023 · 5.66
Debt / equity
2.07▲
2023 · 0.21
ROE
57.5%▲
2023 · 8.7%
ROA
18.7%▲
2023 · 7.2%
Interest coverage
14.51▼
2023 · 16.69
Debt
€88k▲
2023 · €19k
Debt ≤ 1 year
€88k▲
2023 · €19k
Income taxes
€8k▲
2023 · €3k
Staff costs
€0▼
2023 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€108k€130k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€106k€128k▲
Amounts receivable within one year40/41-€21k
Trade receivables40-€21k
Cash at bank and in hand54/58€105k€105k=
Deferred charges and accrued income490/1€321€1k▲
Equity and liabilities
Total equity and liabilities10/49€108k€130k▲
Equity10/15€89k€42k▼
Contributions10/11€8k€8k=
Reserves13€81k€34k▼
Distributable reserves133€81k€34k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€19k€88k▲
Amounts payable within one year42/48€19k€88k▲
Financial debts43-€14
Credit institutions430/8-€14
Trade debts44€537€668▲
Suppliers440/4€537€668▲
Taxes, remuneration and social security45€17k€16k▼
Taxes450/3€17k€16k▼
Other amounts payable47/48€1k€71k▲
Income statement
Code20232024
Remuneration, social security and pensions62€250€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€14k€37k▲
Operating profit (loss)9901€11k€35k▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€750€2k▲
Recurring financial charges65€750€2k▲
Profit (loss) for the period before taxes9903€11k€32k▲
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€8k€24k▲
Profit (loss) for the period to be appropriated9905€8k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€24k▲
Transfer from equity791/2-€47k
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€800€71k▲
Return on contributions (dividend)694€800€71k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €8k ▼79.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €38k ▲2.2%
Operating result €52k, net result €38k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wissenboslaan 392660 AntwerpenGround area
189 m²
Building footprint
53 m²
Volume, LiDAR
414 m³
Parcel 11382A0511/00H000, Flanders · tallest building 8.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ADMIRAAL HR
since 20202.309.885.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0511/00H000 | Flanders | 189 m² | 1 · 53 m² | 8.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,079 EUR awarded · 1,079 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 43 EUR | 43 EUR |
| 2023 | 1 | 241 EUR | 241 EUR |
| 2022 | 1 | 795 EUR | 795 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 37,098 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73110Advertising agencies
73300Public relations and communication consultancy
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.admiraal.hr
E-mail:zoe@admiraal.hr